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Why J'den Sold 88% During Launch Revealed

  • Writer: lingliwei05
    lingliwei05
  • Nov 13, 2023
  • 2 min read

J'Den is a integrated development at Jurong Lake District that sold 88% on launch.

The bestselling launch for 2023 thus far is 368 units J'Den by Capitaland at the former Jcube's site. It was oversubscribed 3.4 times with 1,261 cheques.


One bedrooms were totally sold and 2 bedrooms were fully sold.


At this point of writing, these are the remaining units.

  • 2 Bedroom+ Study(818sqft) -2 units

  • 3 Bedroom(1141 to 1184sqft) -10 units

  • 3 Bedroom+Study(1,259sqft) - 9 units

  • 4 Bedroom(1485sqft) -22 units


Just a quick summary of J'den

J'den is a 99 year integrated development with the Jurong Lake District area on the former Jcube's location.


With J-Walk, the elevated sheltered network than spans 4 km linking key landmarks,current and future MRT lines,the bus interchange and the upcoming Jurong East Integrated Transport Hub.


There is also a 15km dedicated cycling path network that not only enhances safety but also improves connectivity within the car-lite district.


Reasons why iJ'Den sold 88% at launch.


Location

Jurong is a major hub where many Singaporeans are employed around. Naturally they will want to find homes near where they live.


Integrated developments also have a good track record of being profitable. And why not? The next time we visit a Mall, just imagine being about to take a lift up to your own home.


Functional Layouts

A key determinant of whether a project will sell out or its resale value comes down to how functional its layout are. Odd shapes may make a facade looks good but a good old squarish layout is still the best for daily living.


Shortage of Supply

The last major launch in the area will be the 738 units Jurong Gateway and that is a long time ago in 2013. The fact that it sold out in a day shows that there is strong demand for homes in the Jurong Lake District.


In the case of J'Den, it is even more attractive as it is directly connected via J-Walk and will be much newer when it is ready.


Upcoming Catalyst for Price Appreciation

There is the future Jurong Region Line and Future Cross Island Line. At the same time, we have the potential revival of the High Speed Rail to Malaysia that is currently considered.





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